BNET Industries
Market Cap:$26.3M
Last Fiscal Year Sales:$179.7M
- Public
- US
Dow Jones Description
All references to we, us, our, SBS, our company or the Company in this report mean Spanish Broadcasting System, Inc., a Delaware corporation, and all entities owned or controlled by Spanish Broadcasting System, Inc. and, if prior to 1994, mean our predecessor parent company Spanish Broadcasting System, Inc., a New Jersey corporation, and its subsidiaries. Our executive offices are located at 2601 South Bayshore Drive, PH II, Coconut Grove, Florida 33133, our telephone number is (305) 441-6901, and our corporate website is www.spanishbroadcasting.com. We are the largest publicly traded Hispanic-controlled media and entertainment company in the United States. We own and/or operate 21 radio stations in markets that reach approximately 48% of the U.S. Hispanic population, and two television stations, which reach approximately 2.0 million households in the South Florida market, and nationally throughout the U.S. on DirecTV Mas. Our radio stations are located in six of the top-ten Hispanic markets of Los Angeles, New York, Puerto Rico, Chicago, Miami and San Francisco. The Los Angeles and New York markets have the largest and second largest Hispanic populations, and are also the largest and second largest radio markets in the United States in terms of advertising revenue, respectively. Our two television stations operate as one television operation, branded MegaTV. ...
Chairman, President & CEO
Raul Alarcon Jr.Number of Employees 541
Contact Information
2601 S Bayshore Dr PH II
Coconut Grove, Florida 33133
(305) 441-6901
Peer Companies
NAICS Code Radio Networks: 515111
Recent Events
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Popular Mega-Series 'Gabriel' Coming to DVD -International Superstar Chayanne Plays Leading Role in Vampire-Themed Love...
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Spanish Broadcasting System, Inc. Reports Results for the Second Quarter 2009
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SBS Launches Debut Digital
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SBS Launches Music Site Debut Digital
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Pachanga Latino Music Festival Set
News & Analysis
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spanish broadcasting system inc. - All News and Analysis
Spanish Broadcasting System, Inc. Q1 2008 Earnings Call Transcript
Question-and-Answer Session Operator Thank you. Operator instructions Our first question is coming from David Joyce of Miller Tabak & Co. David Joyce – Miller Tabak & Co. Thank you. What were the drivers of the expense increases at the radio division that was greater increase in SG&A on the...
Spanish Broadcasting System Q4 2007 Earnings Call Transcript
Question-and-Answer Session Operator Operator instructions. Our first question comes from John Blackledge of JPMorgan. John Blackledge - JPMorgan On the cost side just wondering what drew the radio costs up in the fourth quarter and TV OpEx was a little bit higher than we thought. So just wondering, I...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Cynthia Hudson | Chief Creative Officer of Megatv and Executive Vice President (Photo of Raul Alarcon Jr) |
| Frank Flores | Chief Revenue Officer of The Radio Segment and General Manager of The Radio Market |
| Joseph A. Garcia | Director, Senior Executive Vice President, Chief Financial Officer, Chief Administrative Officer |
| Marko Radlovic | Chief Operating Officer & Executive Vice President |
| William Tanner | Executive Vice President of Programming |
| Joe Mackay | Vice President, Natl Sales |
| Peter Remington | Vice President & General Manager |
| Deborah Von Brod | Director, Music & Media Licensing, Megatv |
| Isabel Bucaram-Montana | Director of Marketing and Communications |
| Isidro Gonzalez | Director, Sales |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Raul Alarcon Jr. | Chairman, President & CEO |
| Antonio S. Fernandez | Board of Directors |
| Dan Mason | Board of Directors |
| Jason L. Shrinsky | Board of Directors |
| Jose A. Villamil | Board of Directors |
| Jose L. Villamil | Board of Directors |
| Mitchell A. Yelen | Board of Directors |
| Tony Villamil | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| Spanish Broadcasting System Inc. | Chairman, President & CEO | Current |
| Spanish Broadcasting System Inc. | Owner | Former |
Cynthia Hudson became our Chief Creative Officer of MegaTV and Executive Vice President on January 3, 2006. Ms. Hudson is responsible for MegaTV and our bilingual Internet portals. From 1997-2005, Ms. Hudson served as Senior Vice President and Editorial Director of Cosmopolitan Television (a Hearst Entertainment and Syndication Group division), heading up the creation and development of the Cosmopolitan TV Networks. Ms. Hudson led the research, development and creation of Cosmo TV, overseeing design of original programs, on-air packaging, promotions and program acquisitions, as well as the creation and production of original formats. Ms. Hudson is an eight-time Emmy Award winning producer, writer and international television executive with over 20 years experience in both the U.S. broadcast and international cable TV industries.
| Organization | Position | Status |
|---|---|---|
| Spanish Broadcasting System Inc. | Chief Creative Officer of Megatv and Executive Vice President (Photo of Raul Alarcon Jr) | Current |
Frank Flores became our Chief Revenue Officer of the radio segment and General Manager of the radio market on April 1, 2009. Previously, Mr. Flores was the General Manager and Vice President of the New York radio market from January 2005 to March 2009 and VP/Director of Sales from July 2004 to January 2005. Mr. Flores is responsible for overseeing the revenue and profit performance of all of our radio stations and the day-to-day operational matters of the New York radio market. Prior to joining us, he was the general sales manager from 2003 to 2004 and local sales manager the previous twelve years for WXRK-FM with Infinity Broadcasting Corporation.
| Organization | Position | Status |
|---|---|---|
| Spanish Broadcasting System Inc. | Chief Revenue Officer of The Radio Segment and General Manager of The Radio Market | Current |
| Spanish Broadcasting System Inc. | Vice President, Sales | Former |
Joseph A. Garcia has been our CFO since 1984, Executive Vice President since 1996 and Secretary since November 2, 1999. Mr. Garcia is responsible for our financial affairs, operational matters and investor relations, and he has been instrumental in the acquisition and related financing of our stations. Before joining us in 1984, Mr. Garcia spent thirteen years in international financial planning positions with Philip Morris Companies, Inc. and Revlon, Inc., where he was manager of financial planning for Revlon Latin America.
| Organization | Position | Status |
|---|---|---|
| Spanish Broadcasting System Inc. | Director, Senior Executive Vice President, Chief Financial Officer, Chief Administrative Officer | Current |
| Spanish Broadcasting System Inc. | Board of Directors | Current |
| Revlon, Inc. | Manager of Financial Planning, Revlon Latin America | Former |
| Organization | Position | Status |
|---|---|---|
| Spanish Broadcasting System Inc. | Chief Operating Officer & Executive Vice President | Current |
| Spanish Broadcasting System Inc. | Senior Vice President & General Manager, Los Angeles Radio Market | Former |
| Cumulus Media Inc. | Market Manager | Former |
| Organization | Position | Status |
|---|---|---|
| Spanish Broadcasting System Inc. | Executive Vice President of Programming | Current |
| Organization | Position | Status |
|---|---|---|
| Spanish Broadcasting System Inc. | Vice President, Natl Sales | Current |
| Organization | Position | Status |
|---|---|---|
| Spanish Broadcasting System Inc. | Vice President & General Manager | Current |
| Organization | Position | Status |
|---|---|---|
| Spanish Broadcasting System Inc. | Director, Music & Media Licensing, Megatv | Current |
| Organization | Position | Status |
|---|---|---|
| Spanish Broadcasting System Inc. | Director of Marketing and Communications | Current |
| Organization | Position | Status |
|---|---|---|
| Spanish Broadcasting System Inc. | Director, Sales | Current |
| Organization | Position | Status |
|---|---|---|
| Terremark Worldwide, Inc. | Board of Directors | Current |
| Spanish Broadcasting System Inc. | Board of Directors | Current |
| Mhone | Director | Current |
| Oppenheimer & Co. Inc. | Chief Financial Officer | Former |
| Oppenheimer & Co. Inc. | Executive Vice President | Former |
| Oppenheimer & Co. Inc. | Director of Operations | Former |
| Pace University | B.B.A. | Former |
| Organization | Position | Status |
|---|---|---|
| Sabo Media | Partner | Current |
| Sabo Media | Advisor and Consultant | Current |
| Sabo Mason | Advisor and Consultant | Current |
| Spanish Broadcasting System Inc. | Board of Directors | Current |
| First Media | National Program Director | Former |
| Westinghouse | Former | |
| Eastern Kentucky University | Bachelor of Science Degree In Broadcasting | Former |
| Organization | Position | Status |
|---|---|---|
| Spanish Broadcasting System Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Spanish Broadcasting System Inc. | Board of Directors | Current |
| Economic Development | Director | Former |
| Organization | Position | Status |
|---|---|---|
| Spanish Broadcasting System Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Spanish Broadcasting System Inc. | Board of Directors | Current |
| Northwestern University | M.B.A. In Finance | Former |
| Organization | Position | Status |
|---|---|---|
| Florida Taxwatch | Business Economist | Current |
| Florida International University | Adjunct Prof of Competitive Strategy | Current |
| The Washington Economics Group, Inc. | Business Economist | Current |
| Radeylaw | Transition Economic Advisor | Current |
| Hispanic Business Magazine Events | Current | |
| Spanish Broadcasting System Inc. | Board of Directors | Current |
| Commerce Bank, N.A. | Board of Directors | Current |
| The Washington Economics Group, Inc. | Chief Executive Officer | Former |
| Lockheed Martin Corporation | Former | |
| Florida International University | PhD In Economics | Former |
| Louisiana State University | PhD Degree. | Former |
| Louisiana State University | Bachelor and Masters Degrees in Economics | Former |
| The Latin American Company | Senior Fellow | Former |
Executive News
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Spanish Broadcasting System, Inc. Reports Results for the First Quarter 2009
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Broadcast Investor: Hispanic online users' strong entertainment engagement drives streaming
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